In a time, when the real estate market has been fluctuating globally, Chinese business tycoon Gordon Tang is churning big profits through Singapore-listed SingHaiyi group. The company, for which his wife Mrs. Celine Tang, serves as the Group Managing Director, has been focusing on acquisitions, not just in Singapore, but also in the US, China and Malaysia. While Gordon Tang is the non-executive director of SingHaiyi, he has a controlling stake through holding company, Haiyi Holdings. Under his expertise, guidance and vision, the group has become one of the few to actually have successful acquisitions in the US. Notable of all is an office building of 204,300-sq.ft called 5 Thomas Mellon Circle in San Francisco Bay, California, which will become a condo project in the future.

Mr. Neil Bush, who is the non-executive chairman of the group, is also partners with the Tangs in Oregon-based American Pacific International Capital (APIC), which runs many hotels in the US and has assets in China and Malaysia under the Haiyi brand. Mr. Tang idea is to acquire distressed assets and make the most of the available space, offering great projects to the masses and assuring profits for the group – an ideal mix for sure.